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The Tamadoge market has continued to climb to higher levels. Specifically, the market is closing in on the $0.002000 price level. Although the ongoing session has seen some downward price contraction, buyers seem to possess considerable strength, allowing them to retain accumulated profits.
Key TAMA Statistics on August 9, 2024
TAMA’s Price: $0.001931
Tamadoge Market Capitalization: $2,727,247
TAMA’s Circulating Supply: 1,393,353,219
TAMA’s Total Supply: 1,417,967,396
Tamadoge’s Rank on CoinMarketCap: 1438
Key Price Levels:
Resistance: $0.002000, $0.002500, and $0.003000
Support: $0.001850, $0.001550, and $0.001250
TAMA/USDT Market Extends Upward Corrections
The Tamadoge token has resumed trading above the 50-day Exponential Moving Average (EMA) lines. The latest price candle on the chart above indicates that price action even revisited levels above the 100-day EMA, only to contract below it.
At the same time, the Stochastic Relative Strength Index (SRSI) indicator lines continue to rise into the overbought region, despite the decreased divergence between the two indicator lines. Consequently, this suggests that tailwinds may continue to propel the market in subsequent sessions.
Upside Forces in the Tamadoge Market Stay Active
Upside forces in the TAMA/USDT 1-hour market have shown resilience. The last price candle here appears as dash-shaped but retains its green appearance. Additionally, this token now trades above all the EMA lines.
Meanwhile, the SRSI indicator has delivered a downward crossover, yet the indicator lines still lie above the 60 level. Technically, this implies that traders may still want to rely on the market’s position above the EMA lines, which will likely support using crypto signals targeting the $0.002200 mark. Also, you can jump into any game within the Tamaverse now and claim your portion of $TAMA rewards.
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